HVAC Contractor Insurance

Tailored HVAC Business Insurance

As an HVAC technician, you’ve got a lot on your plate. From dealing with customer emergencies to preparing for the winter/summer seasons, you need business insurance that keeps up with you.

That’s where Simply Business comes in.

You see, we’re more than an online business insurance brokerage. We build highly unique, tailored, and affordable policies based on what you need. There’s no overpaying for coverage. No one-size-fits-all policies.

What Insurance Coverage Do HVAC Contractors Need?

Since HVAC technicians and contractors work in clients’ homes, it’s safe to say you face a lot of unique risks. For example, if you end up installing a faulty cooling system in a customer’s home, you could be liable for any resulting damages. Or let’s say you leave your tools out and a customer trips over them. If the customer gets hurt, you might have to pay out-of-pocket for their medical bills.

That’s why you need Simply Business on your side!

As far as HVAC contractors insurance requirements go, we usually recommend the following types of coverage:

Liability Insurance for HVAC Contractors

Liability insurance for HVAC contractors - also known as commercial general liability (CGL) or general liability - is a business insurance policy that covers the costs of accidents and property damage caused by you and your business. Without this type of coverage, you and your business will need to pay out-of-pocket for these costs.

Here’s what liability insurance for HVAC technicians looks like in action:

Property damage: Let’s say you end up accidentally damaging a client’s ceiling while installing central air conditioning. Your liability coverage can pay to have that ceiling repaired so you don’t have to use your own money.

Accidents: Accidents happen, even when you do your best to try to prevent them. That’s why liability insurance is important, as this policy can pay out any legal, medical, and damage costs associated with an accident you or your business has caused.

Reputational damage: Believe or not, your liability coverage can protect you if a customer sues you for libel or slander! Your policy can cover your legal costs and any payouts that might result from a lawsuit.

Workers Compensation Insurance For HVAC Contractors

Workers compensation insurance can provide your HVAC business with protection if any employees get sick or injured while on the job. This type of policy is usually required by law as soon as you hire your first employee, so it’s a good idea to get it ASAP!

Here’s how workers compensation insurance works:

It covers medical costs and lost wages of an employee who’s hurt while working.

It can cover legal costs and settlements if that employee decides to sue you.